Eurobattery Minerals Balance Sheet Health

Financial Health criteria checks 3/6

Eurobattery Minerals has a total shareholder equity of SEK94.4M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK117.0M and SEK22.6M respectively.

Key information

Debt to equity ratio

kr0

Debt

Interest coverage ratio	n/a
Cash	kr3.03m
Equity	kr94.39m
Total liabilities	kr22.60m
Total assets	kr116.99m

Recent financial health updates

Is Eurobattery Minerals (NGM:BAT) A Risky Investment?

Sep 20

Is Eurobattery Minerals (NGM:BAT) In A Good Position To Deliver On Growth Plans?

Mar 09

We're Hopeful That Eurobattery Minerals (NGM:BAT) Will Use Its Cash Wisely

Jul 31

Here's Why We're Not At All Concerned With Eurobattery Minerals' (NGM:BAT) Cash Burn Situation

Mar 21

We're Not Very Worried About Eurobattery Minerals' (NGM:BAT) Cash Burn Rate

Nov 21

Recent updates

Is Eurobattery Minerals (NGM:BAT) A Risky Investment?

Sep 20

Is Eurobattery Minerals (NGM:BAT) In A Good Position To Deliver On Growth Plans?

Mar 09

We're Hopeful That Eurobattery Minerals (NGM:BAT) Will Use Its Cash Wisely

Jul 31

Here's Why We're Not At All Concerned With Eurobattery Minerals' (NGM:BAT) Cash Burn Situation

Mar 21

We're Not Very Worried About Eurobattery Minerals' (NGM:BAT) Cash Burn Rate

Nov 21

Financial Position Analysis

Short Term Liabilities: BAT's short term assets (SEK11.2M) do not cover its short term liabilities (SEK17.3M).

Long Term Liabilities: BAT's short term assets (SEK11.2M) exceed its long term liabilities (SEK5.3M).

Debt to Equity History and Analysis

Debt Level: BAT is debt free.

Reducing Debt: BAT had no debt 5 years ago.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if BAT has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if BAT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.

Eurobattery Minerals Balance Sheet Health

Financial Health criteria checks 3/6

Key information

Recent financial health updates

Is Eurobattery Minerals (NGM:BAT) A Risky Investment?

Is Eurobattery Minerals (NGM:BAT) In A Good Position To Deliver On Growth Plans?

We're Hopeful That Eurobattery Minerals (NGM:BAT) Will Use Its Cash Wisely

Here's Why We're Not At All Concerned With Eurobattery Minerals' (NGM:BAT) Cash Burn Situation

We're Not Very Worried About Eurobattery Minerals' (NGM:BAT) Cash Burn Rate

Recent updates

New minor risk - Financial data availability

Eurobattery Minerals AB, Annual General Meeting, Jun 13, 2024

New major risk - Shareholder dilution

Eurobattery Minerals AB has completed a Composite Units Offering.

Eurobattery Minerals AB to Report Q3, 2024 Results on Nov 22, 2024

New major risk - Share price stability

New major risk - Revenue and earnings growth

New minor risk - Share price stability

CEO & Director recently sold kr242k worth of stock

New major risk - Market cap size

New minor risk - Profitability

CEO & Director recently bought kr1.1m worth of stock

Independent Chairman of the Board exercised options to buy kr852k worth of stock.

Price target increased by 24% to kr12.70

Forecast to breakeven in 2025

Eurobattery Minerals AB to Report Fiscal Year 2022 Final Results on May 17, 2023

Eurobattery Minerals AB to Report Q1, 2023 Results on May 25, 2023

Less than half of directors are independent

Eurobattery Minerals AB Receives an Updated Resource Estimate on the Hautalampi Project

Is Eurobattery Minerals (NGM:BAT) A Risky Investment?

Eurobattery Minerals Submits Necessary Information for the Environmental and Operating Permit for Spanish Corcel Project

Eurobattery Minerals AB (NGM:BAT) acquired 40% stake in FinnCobalt Oy.

Eurobattery Minerals AB, Annual General Meeting, Jun 22, 2022

Eurobattery Minerals AB Completes Another Step Towards Realization of Finnish Battery Mineral Project Hautalampi

Less than half of directors are independent

Eurobattery Minerals AB, Annual General Meeting, Jun 07, 2022

Eurobattery Minerals AB Announces First Results from Phase 2 Drilling Campaign At Finncobalt Hautalampi Ni-Co-Cu Project

Eurobattery Minerals AB Announces First Results from Phase 2 Drilling Campaign At Finncobalt Hautalampi Ni-Co-Cu Project

Eurobattery Minerals AB Announces New Results from Spanish Corcel Support the Estimated 60 Million Tonnes with 0.25% Nickel

Is Eurobattery Minerals (NGM:BAT) In A Good Position To Deliver On Growth Plans?

Eurobattery Minerals AB Announces Highly Satisfactory Results from Drillings At the Spanish Corcel Project: Estimated 60 Million Tonnes with 0.25% Nickel

Eurobattery Minerals Announces On-Schedule Completion of Drilling Campaigns in Finland and Spain

We're Hopeful That Eurobattery Minerals (NGM:BAT) Will Use Its Cash Wisely

Eurobattery Minerals AB Announces Mineral Resource Report from Hautalampi Project in Finland Available

Eurobattery Minerals AB Announces the Start of Fieldwork in New Finnish Project

Eurobattery Minerals AB Informes Finncobalt Oy Receives A New Maiden Mineral Resources Estimate Results from Its Hautalampi Mine Development Project

Eurobattery Minerals Starts New Drilling Campaign At Corcel Project in Spain

Here's Why We're Not At All Concerned With Eurobattery Minerals' (NGM:BAT) Cash Burn Situation

Eurobattery Minerals AB, Annual General Meeting, Jun 01, 2021

Eurobattery Minerals AB Announces A Positive First Result from Its Collaboration with the AGH University of Science and Technology

New 90-day high: kr18.10

Eurobattery Minerals AB Announces That FinnCobalt Oy Has Submitted Hautalampi Projects EIA-Programme to the North Karelia Centre for Economic Development, Transport and the Environment

Eurobattery Minerals AB Announces FinnCobalt Oy Updated the Company on Additional Assay Results from Summers Drilling Programme At the Hautalampi Ni-Co-Cu Project

Eurobattery Minerals AB and AHG University of Science and Technology Announces an Extension of its Existing Project Collaboration

We're Not Very Worried About Eurobattery Minerals' (NGM:BAT) Cash Burn Rate

Eurobattery Minerals Supports Uppsala University's Vinnova Application for New Scientific Approach to Extracting Battery Minerals

New 90-day low: kr13.55

Eurobattery Minerals AB Announces the Completion of Phase 1 Drilling at the Hautalampi Ni-Co-Cu Project, Eastern Finland

Eurobattery Minerals AB Announces Mineral Test Results Conducted by SGS in Canada on the Nickel, Cobalt, Copper Castriz Prospect in Galicia, Northwest Spain

Eurobattery Minerals AB has completed a Composite Units Offering in the amount of SEK 46.534512 million.

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

Discover healthy companies